What is a Tenant Representation letter and should I sign one?
A tenant representation letter is a document that a tenant rep broker will ask you to sign. It serves as a demonstration of your commitment and readiness to acquire space. While it does not guarantee that the tenant rep broker will be compensated, they know they are much more likely to get paid a commission on your lease. Actually, many brokers do not provide services without an exclusive agreement. We recommend that you sign an exclusive agreement rather that working with several different agents on a non-exclusive basis. This will get you the best treatment.
